DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS Message Board

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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

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To: Ramsey Su who wrote (388)	7/7/2001 2:33:09 PM
From: -	Read Replies (1) of 565

Hi Ramsey, That is such an excellent question for Dr. Fibo who is quite an expert on Real Estate, that I am going to let him address it. If the TA on those charts is compelling, we may add a Real Estate sector to our "Master Stalk List" (Sector Model)... thanks for bringing this to our attention. Do agree with you about the economy, our operating assumption there is that we are probably entering a recession, although the depth/duration is still unknown. However we're careful to not directly translate that opinion too strongly into our trading, since we're primarily technically-based, and shorter-term. It's good to understand the backdrop though, and if you're swing-trading longer term than us, or position-trading it's essential, of course. We do follow all of the economic #'s/releases but it's primarily to see what the market's reaction is to those events (we stay closely keyed into the Bond market as well). And, putting on our other hat of perennial students/investors, we do find that watching the Global economic situation unfold to be ever fascinating. Have a good weekend, -Steve

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